Tool for programmable trade finance (Project Dynamo)

Solution

Tool for programmable trade finance (Project Dynamo)

By Bank for International Settlements (BIS), Hong Kong Monetary Authority

A new prototype developed as part of Project Dynamo explored how institutional investors can be encouraged to finance small and medium-sized enterprises (SMEs) through the programmability and transferability of digital trade tokens on a public blockchain. The prototype makes use of non-fungible tokens and smart contracts for SME finance.

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